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    Fundamental Accounting Principles Study Set 5
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    Exam 15: Investments and International Operations
  5. Question
    An Investing Company That Owns _________ of Another (Investee) Company's
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An Investing Company That Owns _________ of Another (Investee) Company's

Question 145

Question 145

Essay

An investing company that owns _________ of another (investee) company's voting shares (but not more than 50%) is presumed to have a significant influence over the investee.

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